Institution: Indiana Public Retirement System
Headquarters: Indianapolis, United States
AUM: $38.43 billion
Allocation to alternatives: 18.2%
Kayne Anderson launched its second opportunistic real estate debt fund immediately following the closing of its $1.325 billion predecessor in June 2020.
The $38.43 billion US public pension has 7 percent target allocation to real estate that currently stands at 6.6 percent.
As illustrated below, INPRS’s real estate commitments tend to target North American vehicles pursuing value-add returns.
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